DOCN Chart
About

DigitalOcean Holdings, Inc., through its subsidiaries, operates an agentic inference cloud platform in North America, Europe, Asia, and internationally. The company provides AI and Digital Native Enterprises build, run, and scale intelligent applications for growing technology companies. It also offers infrastructure-as-a-service (IaaS) solutions comprising compute, storage, and networking products, including cloud firewalls, managed load balancers, NAT gateways, and virtual private cloud software, as well as IP address management and domain name system management. In addition, the company provides platform-as-a-service (PaaS) and software-as-a-service (SaaS) solutions, such as managed databases; managed Kubernetes and container registry; application platform to build, deploy, and scale applications; Functions, a serverless compute solution; and Uptime for real-time uptime and latency alerts, as well as managed hosting and DigitalOcean Marketplace, a platform where developers can find pre-configured applications and solutions. Further, it offers artificial intelligence (AI)/machine learning (ML) applications comprising GPU droplets; bare metal GPUS, which provides access to a GPU server without any virtualization layer and gives developers with customizable server for their use case; and Jupyter Notebooks that provides cloud workspace and managed interactive development environment for exploring data and training, and building machine learning models. Its customers use its platform in various industry verticals, such as online gaming, fintech, and cybersecurity, as well as for a range of use cases, including building and hosting websites, web and mobile applications development, AI integration, and building AI products and applications. DigitalOcean Holdings, Inc. was incorporated in 2012 and is headquartered in Broomfield, Colorado.

Fundamentals
Scroll to Statements
Sector Technology Industry Software - Infrastructur Market Cap 6.23B
Enterprise Value 7.15B Income 259.26M Sales 901.43M
Book/sh -0.31 Cash/sh 2.77 Dividend Yield
Payout 0.00% Employees 1462 IPO
P/E 26.89 Forward P/E 38.69 PEG
P/S 6.91 P/B -217.16 P/C
EV/EBITDA 25.15 EV/Sales 7.93 Quick Ratio 0.60
Current Ratio 0.69 Debt/Eq LT Debt/Eq
EPS (ttm) 2.52 EPS next Y 1.75 EPS Growth 90.10%
Revenue Growth 18.30% Earnings 2026-05-06 ROA 5.64%
ROE ROIC Gross Margin 59.86%
Oper. Margin 16.01% Profit Margin 28.76% Shs Outstand 92.00M
Shs Float 68.59M Short Float 16.97% Short Ratio 2.41
Short Interest 52W High 70.43 52W Low 25.45
Beta 1.76 Avg Volume 2.79M Volume 3.99M
Target Price $75.00 Recom Buy Prev Close $62.01
Price $67.75 Change 9.26%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$75.00
Mean price target
2. Current target
$67.76
Latest analyst target
3. DCF / Fair value
$21.99
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$67.76
Low
$57.00
High
$86.00
Mean
$75.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-25 main UBS Neutral → Neutral $68
2026-02-25 main Oppenheimer Outperform → Outperform $85
2026-02-25 main Goldman Sachs Buy → Buy $78
2026-02-25 main Barclays Overweight → Overweight $69
2026-02-25 main Citizens Market Outperform → Market Outperform $83
2026-02-25 main Cantor Fitzgerald Overweight → Overweight $83
2026-02-25 main B of A Securities Buy → Buy $86
2026-02-20 main Canaccord Genuity Buy → Buy $80
2026-02-05 up Cantor Fitzgerald Neutral → Overweight $68
2026-01-27 main B of A Securities Buy → Buy $72
2026-01-12 main Barclays Overweight → Overweight $63
2026-01-05 main Piper Sandler Neutral → Neutral $50
2025-11-06 main Canaccord Genuity Buy → Buy $60
2025-11-06 main UBS Neutral → Neutral $48
2025-11-06 main Barclays Overweight → Overweight $49
2025-11-06 up B of A Securities Underperform → Buy $60
2025-10-09 main Canaccord Genuity Buy → Buy $55
2025-08-06 main Canaccord Genuity Buy → Buy $49
2025-08-06 main Morgan Stanley Overweight → Overweight $44
2025-08-06 main Barclays Overweight → Overweight $40
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 20000 1108000 Sale at price 55.40 per share. STEINFORT MATTHEW WILLIAM Chief Financial Officer 2026-03-03 00:00:00 D
1 22000 1204940 Sale at price 54.77 per share. BARRETT CHERIE Officer 2026-03-02 00:00:00 D
2 67223 Stock Award(Grant) at price 0.00 per share. STEINFORT MATTHEW WILLIAM Chief Financial Officer 2026-02-27 00:00:00 D
3 5704 Stock Award(Grant) at price 0.00 per share. BARRETT CHERIE Officer 2026-02-27 00:00:00 D
4 280214 Stock Award(Grant) at price 0.00 per share. VINAY KUMAR S. Chief Technology Officer 2026-02-25 00:00:00 D
5 434 18731 Stock Award(Grant) at price 43.16 per share. SCHNEIDER HILARY A. Director 2025-12-31 00:00:00 D
6 550 23738 Stock Award(Grant) at price 43.16 per share. ADELMAN WARREN J Director 2025-12-31 00:00:00 D
7 362 15624 Stock Award(Grant) at price 43.16 per share. KEFFER PUEO Director 2025-12-31 00:00:00 D
8 448 19336 Stock Award(Grant) at price 43.16 per share. JENSON WARREN C Director 2025-12-31 00:00:00 D
9 519 18726 Stock Award(Grant) at price 36.08 per share. SCHNEIDER HILARY A. Director 2025-09-30 00:00:00 D
Financials
Line Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems10.10M0.00-5.75M-85.47K
TaxRateForCalcs0.210.140.280.21
NormalizedEBITDA313.95M236.86M174.47M87.15M
TotalUnusualItems48.10M0.00-20.89M-407.00K
TotalUnusualItemsExcludingGoodwill48.10M0.00-20.89M-407.00K
NetIncomeFromContinuingOperationNetMinorityInterest259.26M84.49M19.41M-27.80M
ReconciledDepreciation137.45M130.05M117.87M102.23M
ReconciledCostOfRevenue361.83M314.67M295.39M211.93M
EBITDA362.05M236.86M153.59M86.74M
EBIT224.60M106.81M35.72M-15.49M
NetInterestIncome1.57M6.69M14.88M2.22M
InterestExpense17.94M9.11M8.95M8.40M
InterestIncome19.51M15.80M23.82M10.62M
NormalizedIncome221.26M84.49M34.55M-27.48M
NetIncomeFromContinuingAndDiscontinuedOperation259.26M84.49M19.41M-27.80M
TotalExpenses744.44M689.61M660.10M602.02M
TotalOperatingIncomeAsReported156.99M91.01M11.90M-25.70M
DilutedAverageShares105.34M94.50M96.42M100.81M
BasicAverageShares91.48M91.63M90.14M100.81M
DilutedEPS2.520.890.20-0.24
BasicEPS2.830.920.22-0.24
DilutedNIAvailtoComStockholders259.26M84.49M19.41M-27.80M
NetIncomeCommonStockholders259.26M84.49M19.41M-27.80M
NetIncome259.26M84.49M19.41M-27.80M
NetIncomeIncludingNoncontrollingInterests259.26M84.49M19.41M-27.80M
NetIncomeContinuousOperations259.26M84.49M19.41M-27.80M
TaxProvision-52.60M13.21M7.37M3.92M
PretaxIncome206.66M97.70M26.78M-23.89M
OtherIncomeExpense48.10M-20.89M-407.00K-3.44M
OtherNonOperatingIncomeExpenses10.62M164.00K
SpecialIncomeCharges48.10M0.00-20.89M-407.00K
OtherSpecialCharges-48.10M407.00K3.44M
RestructuringAndMergernAcquisition0.000.0020.89M0.00
NetNonOperatingInterestIncomeExpense1.57M6.69M14.88M2.22M
InterestExpenseNonOperating17.94M9.11M8.95M8.40M
InterestIncomeNonOperating19.51M15.80M23.82M10.62M
OperatingIncome156.99M91.01M32.78M-25.70M
OperatingExpense382.60M374.94M364.71M390.09M
ResearchAndDevelopment161.62M142.50M136.92M143.88M
SellingGeneralAndAdministration220.98M232.44M227.80M246.21M
SellingAndMarketingExpense82.43M71.57M65.06M81.02M
GeneralAndAdministrativeExpense138.55M160.87M162.74M165.19M
OtherGandA138.55M160.87M162.74M165.19M
SalariesAndWages64.66M37.12M
GrossProfit539.59M465.94M397.50M364.39M
CostOfRevenue361.83M314.67M295.39M211.93M
TotalRevenue901.43M780.62M692.88M576.32M
OperatingRevenue901.43M780.62M692.88M576.32M
Line Item2021-12-31
TreasurySharesNumber1.97M
OrdinarySharesNumber91.95M92.23M90.24M96.73M
ShareIssued91.95M92.23M90.24M96.73M
NetDebt1.04B1.06B1.16B1.33B
TotalDebt1.60B1.70B1.66B1.64B
TangibleBookValue-476.87M-669.35M-802.17M-386.53M
InvestedCapital1.27B1.28B1.16B1.52B
WorkingCapital-192.48M320.76M310.35M780.48M
NetTangibleAssets-476.87M-669.35M-802.17M-386.53M
CapitalLeaseObligations306.34M209.77M177.70M165.12M
CommonStockEquity-28.69M-202.96M-313.70M47.57M
TotalCapitalization941.96M1.28B1.16B1.52B
TotalEquityGrossMinorityInterest-28.69M-202.96M-313.70M47.57M
StockholdersEquity-28.69M-202.96M-313.70M47.57M
GainsLossesNotAffectingRetainedEarnings-960.00K-1.50M-452.00K-2.05M
OtherEquityAdjustments-960.00K-1.50M-452.00K-2.05M
TreasuryStock0.000.000.004.60M
RetainedEarnings-43.74M-258.74M-344.24M-214.34M
AdditionalPaidInCapital16.00M57.28M30.99M263.96M
CapitalStock2.00K2.00K2.00K2.00K
CommonStock2.00K2.00K2.00K2.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest1.87B1.84B1.77B1.77B
TotalNonCurrentLiabilitiesNetMinorityInterest1.25B1.62B1.58B1.60B
OtherNonCurrentLiabilities105.29M1.09M9.53M3.83M
NonCurrentDeferredLiabilities4.09M4.12M3.53M20.76M
NonCurrentDeferredTaxesLiabilities4.09M4.12M3.53M20.76M
LongTermDebtAndCapitalLeaseObligation1.14B1.62B1.57B1.58B
LongTermCapitalLeaseObligation166.90M130.43M91.16M107.69M
LongTermDebt970.65M1.49B1.48B1.47B
CurrentLiabilities619.46M220.96M192.65M165.52M
OtherCurrentLiabilities9.10M3.16M5.62M599.00K
CurrentDeferredLiabilities5.88M5.40M5.34M5.55M
CurrentDeferredRevenue5.88M5.40M5.34M5.55M
CurrentDebtAndCapitalLeaseObligation464.56M79.33M86.54M57.43M
CurrentCapitalLeaseObligation139.45M79.33M86.54M57.43M
CurrentDebt325.11M
OtherCurrentBorrowings325.11M
PensionandOtherPostRetirementBenefitPlansCurrent877.00K492.00K15.99M6.56M
PayablesAndAccruedExpenses139.05M132.57M84.77M95.97M
CurrentAccruedExpenses42.68M38.16M31.05M33.99M
Payables96.37M94.41M53.73M61.99M
TotalTaxPayable57.53M39.85M49.77M40.85M
IncomeTaxPayable44.89M40.85M6.75M
AccountsPayable38.84M54.56M3.96M21.14M
TotalAssets1.84B1.64B1.46B1.82B
TotalNonCurrentAssets1.41B1.10B957.97M869.64M
OtherNonCurrentAssets12.29M10.28M6.86M7.92M
NonCurrentDeferredAssets90.31M200.00K1.99M751.00K
NonCurrentDeferredTaxesAssets90.31M200.00K1.99M751.00K
GoodwillAndOtherIntangibleAssets448.18M466.39M488.47M434.10M
OtherIntangibleAssets99.50M117.72M140.15M118.93M
Goodwill348.67M348.67M348.32M315.17M
NetPPE859.95M620.42M460.64M426.87M
AccumulatedDepreciation-611.71M-517.01M-456.61M-378.57M
GrossPPE1.47B1.14B917.25M805.44M
Leases412.00K6.99M6.82M6.82M
OtherProperties415.67M200.01M167.14M153.70M
MachineryFurnitureEquipment1.06B930.43M743.29M644.92M
Properties0.000.000.000.00
CurrentAssets426.98M541.72M502.99M945.99M
OtherCurrentAssets5.15M4.62M1.37M27.92M
PrepaidAssets48.51M17.54M15.06M28.48M
Receivables118.84M91.11M74.79M53.83M
TaxesReceivable27.93M18.62M12.61M
AccountsReceivable90.91M72.49M62.19M53.83M
AllowanceForDoubtfulAccountsReceivable-6.37M-5.94M-5.85M-6.10M
GrossAccountsReceivable97.28M78.43M68.03M59.93M
CashCashEquivalentsAndShortTermInvestments254.47M428.45M411.77M864.23M
OtherShortTermInvestments0.0094.53M723.46M0.00
CashAndCashEquivalents254.47M428.45M317.24M140.77M
CashEquivalents197.11M349.07M262.37M45.66M
CashFinancial57.36M79.38M54.87M95.12M
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow41.09M96.20M110.13M74.94M
RepurchaseOfCapitalStock-82.12M-59.79M-488.45M-600.00M
RepaymentOfDebt-1.14B-5.47M-2.26M0.00
IssuanceOfDebt982.42M0.000.000.00
IssuanceOfCapitalStock0.000.00724.38M
CapitalExpenditure-268.51M-186.52M-124.81M-120.22M
InterestPaidSupplementalData9.69M1.05M916.00K475.00K
IncomeTaxPaidSupplementalData6.28M19.67M2.72M4.57M
EndCashPosition254.63M430.19M318.98M151.81M
BeginningCashPosition430.19M318.98M151.81M1.72B
EffectOfExchangeRateChanges30.00K-264.00K-15.00K-249.00K
ChangesInCash-175.59M111.47M167.19M-1.56B
FinancingCashFlow-216.91M-76.45M-468.90M-610.36M
CashFlowFromContinuingFinancingActivities-216.91M-76.45M-468.90M-610.36M
NetOtherFinancingCharges13.54M-28.35M-21.57M-29.80M
ProceedsFromStockOptionExercised9.01M17.16M43.39M19.43M
NetPreferredStockIssuance0.000.00
PreferredStockIssuance0.000.00
NetCommonStockIssuance-82.12M-59.79M-488.45M-600.00M
CommonStockPayments-82.12M-59.79M-488.45M-600.00M
CommonStockIssuance0.000.00724.38M
NetIssuancePaymentsOfDebt-157.34M-5.47M-2.26M0.00
NetShortTermDebtIssuance0.000.00-63.20M
ShortTermDebtPayments0.000.00-63.20M
ShortTermDebtIssuance0.000.00
NetLongTermDebtIssuance-157.34M-5.47M-2.26M0.00
LongTermDebtPayments-1.14B-5.47M-2.26M0.00
LongTermDebtIssuance982.42M0.000.000.00
InvestingCashFlow-268.29M-94.81M401.15M-1.15B
CashFlowFromContinuingInvestingActivities-268.29M-94.81M401.15M-1.15B
NetOtherInvestingChanges-2.50M-5.40M
InterestReceivedCFI1.55M0.00
NetInvestmentPurchaseAndSale0.0091.67M627.25M-718.35M
SaleOfInvestment0.0091.67M979.72M978.39M
PurchaseOfInvestment0.000.00-352.46M-1.70B
NetBusinessPurchaseAndSale0.00-99.02M-305.17M-5.00M
PurchaseOfBusiness0.00-99.02M-305.17M-5.00M
NetIntangiblesPurchaseAndSale-1.83M0.000.00-4.92M
PurchaseOfIntangibles-1.83M0.000.00-4.92M
NetPPEPurchaseAndSale-126.60M43.00K236.00K981.00K
SaleOfPPE230.00K43.00K236.00K981.00K
PurchaseOfPPE-126.83M0.00
CapitalExpenditureReported-139.85M-186.52M-124.81M-115.30M
OperatingCashFlow309.60M282.73M234.94M195.15M
CashFlowFromContinuingOperatingActivities309.60M282.73M234.94M195.15M
ChangeInWorkingCapital-51.38M-57.30M-22.44M-15.19M
ChangeInOtherWorkingCapital11.80M-25.88M20.90M7.38M
ChangeInPayablesAndAccruedExpense12.28M7.42M-11.08M5.50M
ChangeInPrepaidAssets-39.26M-12.10M-9.59M-1.42M
ChangeInReceivables-36.21M-26.75M-22.67M-26.64M
ChangesInAccountReceivables-36.21M-26.75M-22.67M-26.64M
OtherNonCashItems-14.73M13.23M14.29M19.46M
StockBasedCompensation80.31M90.55M88.35M105.83M
ProvisionandWriteOffofAssets17.98M16.45M15.36M16.55M
AssetImpairmentCharge52.00K356.00K1.14M1.64M
AmortizationOfSecurities0.002.57M1.87M-6.13M
DeferredTax-71.24M2.34M-886.00K-1.83M
DeferredIncomeTax-71.24M2.34M-886.00K-1.83M
DepreciationAmortizationDepletion137.45M130.05M117.87M102.23M
DepreciationAndAmortization137.45M130.05M117.87M102.23M
AmortizationCashFlow30.20M30.35M27.40M18.42M
AmortizationOfIntangibles30.20M30.35M27.40M18.42M
Depreciation107.25M99.70M90.47M83.81M
OperatingGainsLosses-48.10M407.00K2.88M
GainLossOnInvestmentSecurities-556.00K
NetIncomeFromContinuingOperations259.26M84.49M19.41M-27.80M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for DOCN
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status